Lincoln Financial to Acquire Liberty Life in $3.3 Billion Deal to Expand Group Benefit Business

Lincoln Financial Group is acquiring Liberty Life Assurance Company of Boston in a $3.3 billion deal that will vault Lincoln into the large-case market, nearly double premiums and make it the largest ...Read more ...

The CEO of a $3 billion startup shared his salary with everyone in the company - here's why

Courtesy of Marc Lore
Marc Lore is the president and CEO of Walmart eCommerce in the US. He sold his startup, Jet.com, to Walmart for ~ $3 billion in 2016.
At Jet, Lore made his salary - and everyone else's - public in order to foster "radical transparency."
While more companies are implementing pay transparency, it may not be the right move for every organization.
In the early days of Jet - the e-commerce startup that was bought by Walmart in 2016 for $3 billion - everyone knew each other's salaries.
That included the salary of the company's CEO, Marc Lore, who is now the president and...Read more ...

The CEO of a $3 billion startup shared his salary with everyone in the company - here's why

Marc Lore is the president and CEO of Walmart eCommerce in the US. He sold his startup, Jet.com , to Walmart for ~ $3 billion in 2016.
At Jet, Lore made his salary - and everyone else's - public in order to foster "radical transparency."
While more companies are implementing pay transparency, it may not be the right move for every organization.
In the early days of Jet - the e-commerce startup that was bought by Walmart in 2016 for $3 billion - everyone knew each other's salaries.
That included the salary of the company's CEO, Marc Lore, who is now the president and CEO of Walmart...Read more ...

The CEO of a $3 billion startup shared his salary with everyone in the company - here's why

Marc Lore is the president and CEO of Walmart eCommerce in the US. He sold his startup, Jet.com , to Walmart for ~ $3 billion in 2016.
At Jet, Lore made his salary - and everyone else's - public in order to foster "radical transparency."
While more companies are implementing pay transparency, it may not be the right move for every organization.
In the early days of Jet - the e-commerce startup that was bought by Walmart in 2016 for $3 billion - everyone knew each other's salaries.
That included the salary of the company's CEO, Marc Lore, who is now the president and CEO of Walmart...Read more ...